It is not all bad news for BYD amidst Berkshire sales
It is not all bad news for BYD amidst Berkshire sales Source: CnEVPost Buffett sells additional 1.7 million BYD shares after first move late last month Berkshire reduced its stake in BYD to 18.87 percent on September 1 after cutting its holdings by 1.176 million BYD H shares. BYD overtakes LG Energy Solution to become world's No. 2 battery maker in July From January to July, BYD's global share remained lower than LG Energy Solution, with the two at 12.6 percent and 14.2 percent respectively. BYD denies it will raise prices after rumor sparked widespread buzz. BYD's pure electric vehicle models will increase in price by RMB 10,000 and plug-in hybrid models will rise by RMB 6,000, local media reported earlier. Denza is the joint investment between BYD and Mercedez Benz targeting the luxury market Denza D9 MPV expected to start deliveries at end of Sept, exec expects 10,000 deliveries in Dec The Denza D9 is expected to deliver more than 3,000 units in October and 5,000-7,000 u...